Nassim Nicholas Taleb is a Lebanese-American mathematician, essayist, and former option trader.
Nassim Nicholas Taleb Net Worth
Nassim Nicholas Taleb’s net worth is around $100 million. He obtained this from when he worked as an options market maker. He made a fortune by supporting customer flow and selling stocks higher than when he bought them.
Aside from being a trader, he has also been a mathematical statistician, a hedge fund manager, and an investments adviser. After his trading career, he became a full-time researcher in the field of risk management and applied probability, working for several businesses and corporations.
He held senior executive positions in financial firms such as First Boston, UBS, BNP-Paribas, and Deutsche Bank. Aside from private companies, he has been an adviser to various heads of states and international organizations concerning risk-based policies.
Taleb’s books have been translated to more than 30 languages. He has also written scholarly articles on risk and probability. He is the author of the famous Incerto series, which is a five volume philosophical essay on uncertainty.
Nassim Nicholas Taleb was born on September 12, 1960, in Amioun, Lebanon. He is the son of Minerva Ghosn and Nagib Taleb. His father Nagib was an oncologist and a researcher in anthropology.
He comes from an outstanding family. His maternal grandfather and great-grandfather were both deputy prime ministers. Meanwhile, his paternal grandfather is a supreme court judge. When the Lebanese Civil War happened, his family’s wealth and prominence suffered greatly.
Taleb obtained his undergraduate and Master of Science degrees from the University of Paris. He also got his Masters in Business Administration from the prestigious Wharton School at the University of Pennsylvania. Finally, from the University of Paris (Dauphine), he received his PhD in management science
Nassim Nicholas Taleb was a derivatives trader for 20 years and was employed at Universa Investments as a scientific adviser. He also held significant positions in big financial companies. Aside from this, he was a pioneer of tail risk hedging or “black swan protection.”
In 2007, it was reported in the Wall Street Journal that Taleb retired from trading in 2004 to focus on writing books and other articles.
He became a mathematical researcher and essayist in 2006. Taleb has held positions at NYU’s Courant Institute of Mathematical Sciences, at University of Massachusetts Amherst, at Oxford University, and at London Business School. He has also been a professor of Risk Engineering at New York University Tandon School of Engineering. He is a member of the faculty at the New England Complex Systems Institute, and at times, teaches courses for students to acquire a Certificate in Quantitative Finance.
In 2011, Nassim Nicholas Taleb was included in the Bloomberg 50 most influential persons in the world in Finance and he is one of the 25 most influential graduates of the Wharton School.
He was a recipient of the Wolfram Award for Innovation, which is granted by Stephen Wolfram, for his contributions to computational probability.
Nassim Nicholas Taleb Relationship Status
Taleb’s wife is Cindy Sheldon. The couple has two children, Alexander and Sarah.